#美联储重启降息步伐 After trading for so long, I've realized that most people lose money not because they can't predict the direction, but because they fall into a few common traps. Let me share some practical tips I've gathered to help you avoid these pitfalls:
First, let's talk about the big trap of sideways markets. Many people fear the market not moving and get itchy hands, ending up getting slapped around. Actually, the best thing to do during a sideways market is to wait—if it's consolidating at the top, don't rush to exit, as there’s often one last push; if it's grinding at the bottom, definitely don’t jump in, because there's a high chance of making new lows. Before a clear direction appears, any operation is just gambling.
Candlestick charts are much more reliable than your intuition. I now focus on daily candles: if there's a bearish close, I look for entry opportunities; if there's a bullish close, I exit decisively. Signals are more accurate than feelings, at least you’re not blindly guessing.
About the rhythm of rebounds—this one goes against intuition: when the drop is slow and steady, the rebound is also sluggish; but after an accelerated sharp drop, the rebound is often quick and fierce. So don't get scared by the speed of the decline; sometimes, a sharp drop actually creates opportunities.
For position management, I use the pyramid principle: buy more as the price drops, but be more cautious with each additional buy. This method helps you lose less when you're wrong and earn more when you're right. Remember, controlling your position size is more important than predicting direction.
Finally, a fatal mistake: after continuous rises or falls, there will definitely be a sideways phase. Never go all-in at this point. If you're selling at the top, do it in batches; if you're building a position at the bottom, keep some ammo in reserve. Wait for the sideways phase to end and a clear direction to emerge, and don’t hesitate to act when it’s time to move.
$ETH This round of the market is a classic example—keeping a close eye on reversal signals is much more useful than guessing the top or bottom.
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RetailTherapist
· 12-05 09:19
The hardest thing during sideways trading is holding back—my hands are itching to trade.
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TheSkyIsHighAndThe
· 12-05 09:18
Sideways markets are the best cure for all kinds of itchy hands and defiance.
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TeaTimeTrader
· 12-05 09:15
The words sound good, but I'm just worried it might be another case of "easier said than done."
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VibesOverCharts
· 12-05 09:08
Sideways markets are the best cure for itchy hands—truly amazing, haha.
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EntryPositionAnalyst
· 12-05 09:05
Sideways trading is really a test of patience; impulsive people always end up paying tuition fees.
So true. I used to be the type driven crazy by sideways markets.
Position management is actually more crucial than getting the direction right. I realized this too late.
The pyramid-style position adding strategy is brilliant. Let me see if it helps me survive.
Taking profits in batches is easier said than done. Greed is the original sin.
Not sure if $ETH will give a clear signal after this Fed rate cut.
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AirdropChaser
· 12-05 08:55
Getting itchy hands during sideways markets is real, that's how I lost money.
There's nothing wrong with the advice, the key is execution...
Pyramid buying sounds simple, but it's really hard to do in practice.
Save it, in the end you still have to take the stop loss.
I believed in that theory last year too, but now I've broken even.
#美联储重启降息步伐 After trading for so long, I've realized that most people lose money not because they can't predict the direction, but because they fall into a few common traps. Let me share some practical tips I've gathered to help you avoid these pitfalls:
First, let's talk about the big trap of sideways markets. Many people fear the market not moving and get itchy hands, ending up getting slapped around. Actually, the best thing to do during a sideways market is to wait—if it's consolidating at the top, don't rush to exit, as there’s often one last push; if it's grinding at the bottom, definitely don’t jump in, because there's a high chance of making new lows. Before a clear direction appears, any operation is just gambling.
Candlestick charts are much more reliable than your intuition. I now focus on daily candles: if there's a bearish close, I look for entry opportunities; if there's a bullish close, I exit decisively. Signals are more accurate than feelings, at least you’re not blindly guessing.
About the rhythm of rebounds—this one goes against intuition: when the drop is slow and steady, the rebound is also sluggish; but after an accelerated sharp drop, the rebound is often quick and fierce. So don't get scared by the speed of the decline; sometimes, a sharp drop actually creates opportunities.
For position management, I use the pyramid principle: buy more as the price drops, but be more cautious with each additional buy. This method helps you lose less when you're wrong and earn more when you're right. Remember, controlling your position size is more important than predicting direction.
Finally, a fatal mistake: after continuous rises or falls, there will definitely be a sideways phase. Never go all-in at this point. If you're selling at the top, do it in batches; if you're building a position at the bottom, keep some ammo in reserve. Wait for the sideways phase to end and a clear direction to emerge, and don’t hesitate to act when it’s time to move.
$ETH This round of the market is a classic example—keeping a close eye on reversal signals is much more useful than guessing the top or bottom.